LayerZero unveils integration with PayPal USD

#LayerZero integrates with #PayPalUSD $PYUSD to connect across chains, enabling seamless transfers between #Ethereum and #Solana . Through this integration, PayPal USD now leverages LayerZero's Omnichain Fungible Token (OFT) Standard. PYUSD will now allow users who self-custody their tokens to transfer assets seamlessly across various blockchains, eliminating the need to rely on centralized platforms.

LayerZero is an interoperability protocol linking various blockchains, enabling developers to create cohesive omnichain applications, tokens, and experiences. The project raised $263.3M in 5 funding rounds with participation from Binance Labs, a16z, Coinbase Ventures, OKX Ventures, Sequoia Capital, Multicoin Capital, and others.

👉 medium.com/layerzero-ecosystem/paypal-usd-pyusd-integrates-layerzero-to-connect-across-chains-enabling-seamless-transfers-cde9b242ecdf